RADCOM (NASDAQ:RDCM) announced its earnings results on Thursday. The technology company reported ($0.04) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.16, Fidelity Earnings reports. RADCOM had a negative net margin of 35.28% and a negative return on equity of 12.99%. The business had revenue of $9.03 million during the quarter, compared to the consensus estimate of $7.00 million. RADCOM updated its FY 2020
Pre-Market guidance to EPS.
Shares of NASDAQ:RDCM traded down $0.11 during trading on Friday, reaching $9.50. 19,599 shares of the stock traded hands, compared to its average volume of 15,181. The stock has a 50-day moving average of $8.90 and a two-hundred day moving average of $9.22. RADCOM has a 52-week low of $6.96 and a 52-week high of $10.37. The company has a debt-to-equity ratio of 0.07, a quick ratio of 6.33 and a current ratio of 6.42. The stock has a market cap of $132.98 million, a P/E ratio of -13.19 and a beta of 0.10.
A number of brokerages have weighed in on RDCM. Needham & Company LLC reaffirmed a “hold” rating on shares of RADCOM in a research note on Thursday, November 7th. Zacks Investment Research downgraded shares of RADCOM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, ValuEngine raised shares of RADCOM from a “sell” rating to a “hold” rating in a research note on Wednesday, January 29th.
RADCOM Ltd. provides service assurance and customer experience management solutions for communication service providers (CSPs). Its carrier-grade solutions support mobile and fixed networks, and scale to terabit data bandwidths to enable data analytics. The company offers solutions for virtualized infrastructure and next-generation networks.
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